Personal Loan Despite a Low Credit Score?

Personal Loan Despite a Low Credit Score?

What Is A CIBIL Score?

CIBIL (Credit Information Bureau Limited) score is a number associated with an individual. It helps banks and financial institutions identify how responsible they are when it comes to handling their loans and credit cards.

How Does CIBIL Score Work?

Individuals are assigned a number between 300 to 900. This number is the result of collective information on your vehicle loans, repayments, credit cards, utility bill payments, and home loans. You will be assigned a score of 750 and above if you’ve managed to make your payments on time. Skipping on payments can lower your credit score.

StashFin Personal Loan for Low Credit Score

StashFin provides a credit limit of up to Rs. 5,00,000 on personal loans with interest rates ranging from 11.99 % to 59.99%. The loan amount can be repaid in flexible EMI tenures ranging from 3 to 36 months. The best feature of this loan is that you pay zero interest on the unused credit amount. StashFin personal loan is equipped with a credit line card powered by Visa. This card can be used at ATMs, POS terminals, and at merchant sites to make online payments. With StashFin, you can repay on schedule and improve your credit score regardless of how low your credit score is.

Features of StashFin Personal Loan For Low Credit Score

Eligibility Requirements for Individuals With Low Credit Score

Applicants must be salaried employees with Indian citizenship, 18+ years of age. Their salary must exceed a minimum of Rs. 18,000. StashFin requires minimum KYC documentation such as Aadhaar card, PAN, bank statements, and salary slips from the last 3 months, which can be presented in digital form for your convenience.

So, what are you waiting for? Don’t let a lower credit score stop you from availing a loan. Visit StashFin today!